Articles by Natalya Chumarova



'08 a Record Year for Petersburg Builders

Developers built a record 3.2 million square meters of housing in St. Petersburg last year, although 2009 appears to be on track for a more modest year as many builders are putting off new projects.

Mortgages Down 30% in St. Petersburg

The slump in the global real estate market is now being felt in St. Petersburg, where mortgages have decreased since June.